There is little to obstruct a continuation of the young uptrend higher until you reach the S1 monthly pivot at 1.7520 and the 50-day MA in the 1.7580s.
January 26,2017
We remain cautiously bullish and a break above the 1.7310 level would probably signal a continuation higher.
January 23,2017
GBP/NZD, like most sterling pairs gapped down at the start of the week before rebounding on Tuesday, following Theresa May’s Brexit speech.
January 19,2017
The Pound to New Zealand Dollar defied expectations of further upside and broke down out of the consolidation pattern it was in instead.
January 12,2017
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